Tag Archives: News

Photo: Tesla / TwitterWe all know how the Chinese are very protective of their domestic economy and how they don’t let anybody come and just set up a business within their borders for domestic consumption without strict controls. Tesla seems to have been able to jump through all the hoops and regulatory processes required to be able to manufacture electric vehicles in China sources indicate.In what seems to be a first for China, this is the first time that the government will be allowing the...

It’s Friday, October 18, 2019, and once again, everybody’s favorite cryptocurrency has fallen into the $7,000 range. Yesterday, we reported that bitcoin was potentially back above $8,000 and likely to experience greater swells from here, but it appears there’s still cause for concern.Bitcoin Again Heading for LowsBitcoin has been moving up and down for roughly one month. The late September bloodbath that ultimately caused the currency to lose about $1,400 in just a matter of minutes seems to...

The cryptocurrency-browser privacy-focused web browser Brave has recently attained a new milestone reaching 8 million monthly active users. Brave, with its powerful vision, aims to revolutionize the online browsing and advertising experience for its users.Now 8 million monthly active users for Brave, & nearly 400 privacy-preserving ad campaigns (with a stellar 14% click-through rate, compared to 2% industry average)! Thank you to all our users and partners as we expand our platform for a...

Telegram’s launch of its TON blockchain and GRAMS token has hit yet another brick wall because the United States Securities and Exchange Commission (SEC) has taken the issue of the launch of their tokens before a court. In a filing two days ago, the messenger app organization asked the United States District Court for the Southern District of New York to deny the SEC the preliminary injunction. Just for reminder, the SEC had asked for it a filing of its own last week requesting Telegram to...

Huobi, a leading global crypto exchange, announced that it plans to launch a fiat gateway in Turkey. If successful, the platform may increase access to over 250 digital tokens for the local investors.Mohit Davar, Huobi’s EMEA regional president, is convinced that this will prove to be a worthwhile investment. He said that the move has come amidst Turkey’s efforts to set up a clearer legal infrastructure for the cryptocurrency market. Reports show that many people in the country already hold...

Charles Schwab, a San Francisco-based bank and stock brokerage company, has announced they will allow their clients to buy and sell fractions of stocks. The initiative aims at attracting the interest of young investors to Charles Schwab and makes it the first online brokerage that offers its customers such an opportunity.The announcement follows the company’s decision to eliminate trading commissions for U.S. stocks, ETFs and options trades earlier this month, which led to other brokerage...

The race for the space business is getting intense as big organizations are spending billions of dollars in creating the infrastructure for space tourism. While we have frequently heard Elon Musk’s SpaceX or Jess Bezos’ Blue Origin working on the plan, Richard Branson’s space tourism venture Virgin Galactic has pulled the rabbit out of the hat.Virgin Galactic is all set to become the first company in the space tourism to go public. During a recent interview with the CNBC, we heard this...

Bitcoin cash price is struggling to rebound and is trading below $225 against the US Dollar.The price is currently declining and it could slide below the $210 and $205 supports.There is a key bearish trend line forming with resistance near $220 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair must break $220, $225 and $230 to start a fresh increase in the near term.Bitcoin cash price is facing a lot of hurdles near $225 against the US Dollar. If BCH/USD breaks the...

The rivalry between the U.S. and Chinese telecoms giant Huawei continues to escalate beyond borders. But recently, the U.S government was beaten at his own game when Germany snubbed calls from her to hinder the firm in building its national 5G networks over national security issues.The latest development is a big blow to the U.S., which has been persuading its allies to eliminate Huawei from 5G infrastructure, purporting its existence in the network would encourage Chinese surveillance....

Is it possible to create a cryptocurrency exchange that is in no way vulnerable to hackers? According to the creators of Nash, that’s exactly what’s been done.Nash: A New Kind of Trading Platform?New technology has emerged that makes bitcoin more programmable. Thus, traders do not need to hand over control of their assets until the final moments of a transaction. Nash, a new cryptocurrency trading platform, is utilizing this technology to ensure all its customers’ financial data and digital...